172, STEM LANE, NEW MILTON, BH25 5ND - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

172 STEM LANE is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £305,000 in September 2019, which was around 36% below the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was B.

172 STEM LANE Sold Prices

Land registry data shows two sales for 172 STEM LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 172 STEM LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 16 SEP	£305,000	£475,500	36% below HPI
2005 23 AUG	£207,000	£302,988	32% below HPI

172 STEM LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 172 STEM LANE sales from August 2005 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 172 STEM LANE?

172 STEM LANE is 60m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses by size in New Milton, and where 172 STEM LANE lies on this distribution: 2% of detached houses are smaller than 172 STEM LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in New Milton.

172 STEM LANE: Plot and Title Map

172 STEM LANE sits on a plot of roughly 0.115 of an acre, or 463m². The below map shows the location of 172 STEM LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 172 STEM LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 172 STEM LANE?

172 STEM LANE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 172 on STEM LANE.